The SEC
The Securities and Exchange Commission (SEC) keeps a record of every company in the United States. Companies whose valuations surpass a certain threshold though, are required to file some special forms.
These forms, usually filed quarterly, can disclose the filer's holdings, update investors on current strategy, and provide all kinds of other useful financial data. With the purpose being to level the playing field for all investors, required SEC filings makes America's largest companies provide transparency.
The problem though, is that these holdings are often cumbersome to access, and valuable analysis is often hidden behind a paywall. Through wallstreetlocal, the SEC's filing system becomes more accessible and open.
What We Do
When you request a filer on wallstreetlocal, we go through our latest dump of the SEC's search database, and query the specified information. Using this SEC data, we combine it with other third-party vendor financial information, and after an extensive organization process (laid out in our open-source codebase), we save the newly organized, insightful data in our database, before we serve it to you.
Through wallstreetlocal, SEC filings, which are usually raw webpages that contain a jumble of tables and labels, become useful, user-friendly pages, with all kinds of different analysis. We provide sorting, pagination, access to recent and historical prices, and even downloads of our own data through raw JSON or spreadsheets - this, along with many other features, come for free, with no strings attached.